LIRPC’s Balance of Payments Study Shows Nassau and Suffolk Taxpayers Send More Money to State and Federal Governments than the Region Receives in Expenditures. Nassau and Suffolk County taxpayers are sending far more money to Albany and Washington than gets returned to Long Island in the form of government spending – a combined deficit of… …Continue Reading
Taxation
LIRPC Study Seeks Options to Overreliance on Property Taxes
Recognizing the need to reduce the reliance on property taxes to fund local services, the Long Island Regional Planning Council commissioned a Property Tax Alternatives Study to analyze and encourage new strategies that could shift hundreds of millions of dollars from the burden currently borne by homeowners. Conducted by Public Financial Management Group (PFM) and… …Continue Reading
